REI Lense

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$3,290 (target)

19007 Logan Star Ct, Richmond, TX 77407

3 beds • 2 baths • 2262 sqft

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This property looks like a bad Mid-Term investment with a projected -4.07% first-year return on $87,216 initial cash invested.

-4.07%

Cash On Cash

5.36%

Cap Rate

0.9

DSCR

$3,290

Rent

-$296

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,290 income − $3,586 expenses = $296 out of pocket

Income$3,290Out of Pocket$296Mortgage P&I$1,63550%Property Taxes$61819%Insurance$1174%HOA$963%Management$39512%CapEx$1324%Vacancy$993%Maintenance$1324%Other$36211%

Investment Breakdown

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Purchase Price

$330k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$87,216

Downpayment

20%

$65,920

Closing costs

1%

$3,296

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,290

Total Expenses

$3,586

Mortgage P&I

50%

$1,635

Property Taxes

19%

$618

Home Insurance

4%

$117

HOA

3%

$96

Property Management

12%

$395

CapEx

4%

$132

Vacancy

3%

$99

Maintenance

4%

$132

Other

11%

$362

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